This week saw fewer executive changes than usual, but there were notable moves within the forex trading sector.

Key updates include Sam Chaney leaving NAGA Group, Ameer Alhindi joining SquaredFinancial as Head of Risk Management, Karen Tatyan’s promotion at Equiti Group, and Ben Singleton’s new role as General Manager at IC Markets.

Here are this week’s executive moves, highlighting significant appointments, promotion and departure from leading industry brands.

Executive Moves of the Week

NAGA's Sam Chaney Leaves Role as Chief Commercial Officer

Sam Chaney, the Chief Commercial Officer at NAGA Group, has announced his decision to leave the company. Chaney's departure comes after a notable career in financial services, including his role as Head of Sales Development at INFINOX Global from March 2018 to March 2023. INFINOX Global, headquartered in London, specializes in Forex trading and operates under various global regulatory bodies.

Before his time at INFINOX, Chaney served as Head of Sales for Institutional FX and CFD at Hantec Markets from August 2014 to March 2018. Hantec Markets is a prominent Forex trading service provider regulated by authorities like the FCA and ACIS. Chaney began his career at OANDA Europe, where he was Sales Manager for FX and CFD from March 2014 to August 2014.

Learn more about Chaney’s departure from his role as Chief Commercial Officer at NAGA.

SquaredFinancial Welcomes Ameer Alhindi as New Head of Risk Management

Ameer Alhindi has joined SquaredFinancial as the Head of Risk Management, a move he described on LinkedIn today as a thrilling chance to drive the company's advancement. Alhindi, a seasoned industry professional, expressed enthusiasm about his new role and its potential impact on the firm's progress.

Alhindi's LinkedIn profile highlights his extensive experience in top positions across notable brands. Prior to this role, he spent over a year as Senior Risk Manager at MultiBank Group. His career also includes significant roles such as Head of Brokerage at StreamsFX and B2B Dealing and Risk Management at Finosoft.

Learn more about SquaredFinancial’s appointment of Alhindi as Head of Risk Management.

Equiti Group Appoints Karen Tatyan as New Head of Database

Equiti Group has appointed Karen Tatyan as its new Head of Database. Tatyan has been with Equiti for over six years, initially joining as a warehouse/business intelligence/database engineer. He has held various roles, including Database Team Lead and Data Architect, and has previously worked with Digitain and Synergy International Systems.

Earlier this year, Equiti strengthened its executive team by hiring Sophie Squillacioti as Director of Sales for the Asia-Pacific region. Squillacioti relocated to the firm's Dubai offices. She previously led Asian operations for brokers, including roles at INFINOX Global and BDSwiss in Shanghai.

Discover more about Equiti Group’s appointment of Tatyan as Head of Database.

New GM Lands at IC Markets after 17 Years in G10 FX Trading

Ben Singleton has announced his new role as General Manager at IC Markets, marking a shift in his career. Prior to this, Singleton spent over 17 years at Crédit Agricole CIB in Hong Kong as an Executive Director, overseeing G10 FX Trading and various trading businesses in Asia.

Singleton's extensive experience includes a role as Vice President and Senior FX Trader at Bank of America, where he focused on market making and trade execution. He began his career at Commonwealth Bank as a Foreign Exchange Trader in Sydney. Discover more about IC Markets’ appointment of Singleton as General Manager.

Disclose more about IC Markets’ new appointment of Singleton as General Manager